# Cornerstone Advisors

> Cornerstone Advisors is an SEC-registered investment advisory firm in Topeka, KS, registered since 2017, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 114510
- Filed as: CORNERSTONE ADVISORS
- Legal name: Cornerstone Advisors, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Topeka, KS
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/114510
- AdvisorCensus page: https://advisorcensus.com/firm/cornerstone-advisors-topeka-ks-114510

## Quick answers

**How is Cornerstone Advisors compensated?**
On its Form ADV (Item 5.E, October 2026), Cornerstone Advisors reports these compensation arrangements: a percentage of assets under its management; hourly charges.

**Where is Cornerstone Advisors located?**
Cornerstone Advisors' principal office is in Topeka, KS, according to its Form ADV.

**Is Cornerstone Advisors registered with the SEC or a state?**
Cornerstone Advisors is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 114510.

**How much does Cornerstone Advisors manage?**
Cornerstone Advisors reports $265,133,083 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (91% discretionary).

**How have Cornerstone Advisors' assets and staff changed since 2021?**
In the Form ADV data for Cornerstone Advisors: Regulatory assets under management: $199,920,986 in the October 2021 data and $265,133,083 in the October 2026 data, up 33%. Total employees: 4 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Cornerstone Advisors serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (364); high net worth individuals (100); pension and profit sharing plans (but not the plan participants or government pension plans) (3).

**Which custodians does Cornerstone Advisors use?**
Cornerstone Advisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Cornerstone Advisors report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/114510

**Does Cornerstone Advisors state an account minimum?**
Its Form ADV Part 2A brochure dated March 31, 2026 says: "We provide investment advice to individuals, high net worth individuals, corporations, charitable organizations, trusts, estates, and pension and profit sharing plans . We do not have a minimum initial account value."

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Account minimum: None

> We provide investment advice to individuals, high net worth individuals, corporations, charitable organizations, trusts, estates, and pension and profit sharing plans . We do not have a minimum initial account value.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $265,133,083
- Discretionary: $240,136,599
- Non-discretionary: $24,996,484

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 364 | $79,208,678 |
| High net worth individuals | 100 | $185,159,330 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 3 | $12,286 |
| Charitable organizations | 1 | $6 |
| Corporations or other businesses not listed above | 2 | $752,783 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2017 (9 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CO, FL, KS, LA, MO, NE, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- cstonegroup.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $199,920,986 | 4 | March 15, 2021 |
| October 2022 | $225,729,500 | 4 | March 8, 2022 |
| October 2023 | $194,244,799 | 3 | August 8, 2023 |
| October 2024 | $218,023,298 | 2 | March 22, 2024 |
| October 2025 | $244,695,549 | 2 | March 20, 2025 |
| October 2026 | $265,133,083 | 2 | March 31, 2026 |

Regulatory assets under management: $199,920,986 in the October 2021 data and $265,133,083 in the October 2026 data, up 33%.
Total employees: 4 in October 2021 and 2 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Cornerstone Advisors (CRD 114510): Form ADV filing data as of October 2026.